Virgin Money Credit Card – How to Apply?

Are you looking for a user-friendly credit card that comes with zero annual fees? You have come to the right place. The Virgin Money Credit Card is here to give you a smooth ride throughout your financial life.

This card not only comes with low fees; it also offers unbeatable perks that you shouldn’t miss out on. Virgin Money provides many interesting benefits and features that should appeal to any South African cardholders on the lookout for a new credit card.

Does this excite you already? If so, read on to find out more about this credit card and also get to know how you can apply today.

Benefits and Features of a Virgin Money Credit Card

First of all, with this credit card, there is no such thing as monthly fees, annual fees, or swiping charges. They understand how this money can be diverted into something more beneficial to you, and that is why they eliminated these fees.

Are you a travel nomad? Well, Virgin Bank has got your back. For as long as you pay your flight using your credit card, you will automatically receive basic travel insurance to cover you in case of an emergency.

Do you need extra cards for your family members? Worry no more, because with Virgin Money Credit Card, you can get up to 3 additional cards at absolutely no cost.

This credit card also comes with exclusive rewards. What’s more, you have the liberty to set a personalized limit based on your credit score.

Now that you’re familiar with some of the great benefits of this Virgin Money credit card, read on to find out about eligibility and how you can apply today.

Eligibility and How to Apply for a Virgin Money Credit Card

Applying for this credit card is pretty easy and straightforward, as long as you are eligible. To qualify, you must be 18 years of age and above with a valid South African ID. You also must have a minimum income.

To apply and learn more about eligibility, head to the Virgin Bank website and also have the above documents plus proof of residence for three months.

Virgin Money Credit Card Fees & Charges

To fully enjoy the benefits that come with this credit card, it is always advisable to fully pay your credit card on time to avoid extra bank charges that might affect your credit score. This is an overview of common fees you might face with this credit card:

  • No monthly or annual service fees
  • No card swiping charges
  • Up to 55 days interest
  • Debit balances: 17.50%
  • Initiation fee of R175.00
  • Absa ATM mini statement R8.00
  • Absa supported ATM balance enquiries R2.00
  • Lost card administration or card replacement fee is R167.00
  • Currency conversion fee 2.75%

To get detailed information about the charges of this particular credit card and other factors to consider, it’s advised head to the Virgin Bank website or call their toll free number. Virgin Money Bank’s mailing address is listed here for you: 00, Sandton, 2146, South Africa.

Conclusion

The Virgin Money Credit Card is a great card to consider if you live in South Africa, and would love to enjoy some inclusive features and benefits. Make sure to read the terms and conditions, and speak with a Virgin Money representative to ensure that this card is right for you.

Overall, if you are looking for a credit card that comes with zero annual fees and also offers other competitive perks, the Virgin Money Credit Card should be on your radar. Head to their website and apply for your credit card today. 

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.